LATEST ARTICLES

Gold up as US Fed stance pricks USD

Posted On 07 Jan 2019
By :
Comment: 0
Gold up as US Fed stance pricks USD

Gold rose on Monday, helped by a weaker dollar on expectations that the U.S. Federal Reserve might apply brakes on its monetary tightening cycle in 2019, although an improved risk appetite limited gains for the safe haven metal.

Spot palladium, which broke through $1,300 on Friday to hit its highest on record at $1,310 per ounce, was still trading at a slight premium to gold.

Spot gold was up about 0.4 percent at $1,290.42 per ounce as of 0752 GMT.

U.S. gold futures gained 0.5 percent to $1,291.90 per ounce.

Source:: Gold up as US Fed stance pricks USD

About the Author
The PaxForex Customer Support Team is available 24-hours a day, 5 days a week via Live Chat, Skype, Email, Call Back Request and Telephone. [space height="20"] Our Philosophy is creating a strong bond between company and customers, and that has helped us to keep high industry standards. That’s why many customers around the world decide to work with PaxForex and recommend us to other customers.

Leave a Reply

*

[adrotate group="2"]
[adrotate group="15"]

InstaForex – Market Analysis

<a href="https://www.instaforex.com/">Forex Portal</a>

Like Us On Facebook

[adrotate banner= "75"]

Follow on Stocktwits

Follow Us on StockTwits

Connect

facebook
twitter
google-plus
youtube
linkedin
rss
Copyright © 2015 Forex Alchemy. All rights reserved.
Forexalchemy.com is made available as an online source of Foreign exchange trading information and related-materials only. By using ForexAlchemy you acknowledge and understand that we are not soliciting participation in Forex trading. You also acknowledge and agree that there are large potential risks associated with investment and trading activity and that you have accepted such risks before deciding to invest and before deciding to use ForexAlchemy as a source of trading-related information and materials. Please read our full disclaimer and terms of use before using this website:
Disclaimer & Terms of Use     Privacy Policy